The data for NOBLE CORPORATION PLC shows a consistent trend of improving payment times over the past three periods. The average time to pay has decreased each period, indicating that the company is becoming more efficient in paying invoices. The percentage of invoices paid within 30 days has also increased each period, showing a commitment to timely payments. Additionally, the percentage of invoices paid later than 60 days has decreased, which is a positive change towards early payment.
The data for NOBLE CORPORATION PLC displays a stable pattern with minimal volatility. The average time to pay has decreased by an average of 3.3% each period, and the percentage of invoices paid within 30 days has increased by an average of 4.3% each period. This consistent trend indicates that the company has implemented effective processes to ensure timely payments to suppliers.
From Jan 2021 to June 2023, NOBLE CORPORATION PLC has shown a consistent improvement in payment times and adherence to agreed terms. The average time to pay has decreased from 2021 to 2023, with a notable improvement of 5.6% in 2023 compared to the previous period. The percentage of invoices paid within 30 days has also increased each period, with a significant improvement of 10.8% in 2023 compared to the previous period. This shows a commitment to timely payment and a positive change towards early payment. The percentage of invoices paid later than 60 days has also decreased, indicating a reduction in delayed payments.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2023 - 30 Jun 2023 | 25 Jul 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 15 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 |
Noble Corporation plc is the UK-registered parent entity of the Noble group, a global offshore drilling contractor to the oil and gas industry. Through its subsidiaries, the group owns and operates a fleet of offshore drilling units, focusing largely on ultra-deepwater and high-specification jackup drilling in established and emerging regions worldwide. The registered company itself functions as the listed holding entity for this operating group, which trades on the New York Stock Exchange. Its Companies House classification covers support activities for petroleum and natural gas extraction, consistent with the group's role in providing drilling services and equipment to oil and gas operators rather than producing hydrocarbons itself.
Generated from the company's website and Companies House records. Sources: noblecorp.com · noblecorp.com